Snap A Selfie To Verify Your Financial Identity
The British bank's mobile app uses facial recognition technology to protect business account access
HSBC will now allow business customers to verify their financial identity by taking a selfie through the bank’s smartphone app. The new practice allows customers to take a photo of their face on an iOS or Android phone and have it be cross-referenced with their passport or driver’s license. This goes a step beyond the biometric verification used by companies that favor fingerprint and voice identification over traditional passwords.